It’s hard to deny the simple fact that LED lights save money.
Home and business lighting has is so commonplace, it’s something most of us take for granted every day. In fact, very few of us have had to live without the convenience of being able to turn on a light with the simple flip of a switch.
Many people pay the monthly electric bill and because it isn’t a big ticket item, rarely think about the cost of lighting their home or business. However, the cost of lighting does add up, and it isn’t only the cost of the bulb that has to be taken into consideration. Energy consumption and bulb replacement all should be looked at carefully before making a decision about which lighting option will be best for your needs.
How LED lights save money: energy efficiency
The largest part of lighting costs is the energy consumed when the light is being used. Looking for energy saving lighting options can help lower the costs of lighting your home and save you a lot of money in the long run. Typically CFLs and LED lights are the most well-known energy-saving lighting options. CFLs are certainly more efficient than incandescent or fluorescent bulbs, but even CFLs can’t match the energy efficiency of LED lights.
How LED lights save money: energy consumption
LED light bulbs may have a higher upfront cost compared to conventional lighting options – typically between 30 and 40 percent, but, depending on the brand, they typically last four to five times longer. That means instead of changing your bulb every year or two depending on usage, you’ll be able to go almost 20 years between bulb replacements. More importantly, LED lights use between 80 to 90 percent less energy than conventional light bulbs. That can add up to significant savings over their already longer lifespan.
LED lights are designed to function for years and require less maintenance than traditional lights and CFLs. They have virtually zero costs in maintenance while simultaneously saving homeowners and businesses money on their electrical costs.